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EMby u/eva_m·1hDiscussion

Thoughts on Divergence and Price Action

It seems like a lot of newer traders are over-relying on standard indicator divergences, particularly when the price action itself isn't confirming the turn. I saw a few comments earlier today on $AUDCAD, with folks calling out divergence on the 4-hour, but the daily structure is still clearly pointing higher, even after the dip to 0.97889. I'm of the mind that if price isn't respecting those lower timeframe signals, it's just noise. Anyone else seeing this, or am I missing something crucial in how others are interpreting these setups?

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